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©BRIGHTSTARS 2025 ALL RIGHTS RESERVED 9:46 AM A+ 1 Georgia Insurance Regulations Overview Study Guide 100% Verified. Transacting insurance - AnswerIncludes soliciting, negotiating, and making insurance contracts Agent - AnswerPerson soliciting insurance on behalf of an insurer Domestic insurer - AnswerIncorporated in Georgia Foreign insurer - AnswerOrganized in a state other than Georgia Alien insurer - AnswerOrganized in another country Insurance Commissioner - AnswerElected by the p...

Who holds ownership in a mutual insurance company? Shareholders The insurance Commissioner Its policyholders The state government 2. Describe the significance of continuing education requirements for insurance agents in Georgia. Continuing education is only required for agents over 20 years of experience. Continuing education is optional for agents to improve their sales skills. Continuing education ensures that insurance agents stay updated on regulations and practices, enhancing their comp...